ETF PROFILE · NASDAQ-100

QQQM — Invesco NASDAQ 100 ETF

QQQM provides Nasdaq-100 exposure in a lower-cost ETF structure aimed primarily at investors seeking long-term access to the same index family tracked by QQQ.

Fund data verified September 29, 2026 · Educational research

Fund Snapshot

  • Issuer: Invesco
  • Index: Nasdaq-100
  • Expense ratio: 0.15%
  • Holdings: 102 (Mar. 31, 2026)
  • 30-day SEC yield: 0.56% (Mar. 31, 2026)
  • Inception: October 13, 2020

OVERVIEW

What QQQM Is Designed to Do

QQQM seeks to track the Nasdaq-100 Index by investing at least 90% of total assets in securities that make up the index. The index contains 100 of the largest domestic and international nonfinancial companies listed on Nasdaq.

The fund and index are rebalanced quarterly and reconstituted annually. Because the underlying index is concentrated in large growth-oriented businesses, QQQM behaves differently from a broad-market ETF.

Current Profile

Total expense ratio: 0.15%

Management fee: 0.15%

Listing exchange: Nasdaq

Fund assets: $70.89B as of Feb. 2026 commentary

Index Exposure

Tracks the Nasdaq-100, excluding financial companies by index design.

Lower Fee

At 0.15%, QQQM currently carries a lower expense ratio than QQQ’s 0.18%.

Same Core Benchmark

QQQM and QQQ both provide exposure to the Nasdaq-100 Index, but through different fund structures and cost profiles.

RISK

What Could Go Wrong?

QQQM’s Nasdaq-100 exposure can be more sensitive to valuation changes and selloffs in large growth and technology stocks than a broader U.S. equity portfolio.

  • Growth and technology concentration
  • Large-company concentration
  • Valuation sensitivity
  • Sector exclusions by index design
  • No principal protection

Primary Source

Fund facts are based on Invesco’s official QQQM materials. Time-sensitive figures are date-stamped and should be checked again before reliance.